Finally, Mr. Cong said that currently, local banks are actively disbursing 2% interest rate support loans from the budget according to Decree 31/2022 of the Government and Circular 03/2022 of the State Bank of Vietnam. water.
But through the actual preliminary survey of the association, no businesses and farms have been able to enjoy this loan package. Therefore, the association wishes to soon be connected to work with authorities and banks to participate in the support package.
| Currently, pork prices have reached a low level compared to the period of 2021-2022. Image: Duy Anh. |
Previously, the Dong Nai Livestock Association had also made a written petition to the Prime Minister to “save” the domestic livestock industry. Accordingly, this agency proposes to reduce import tax on soybean meal from 2% to 0% to help livestock enterprises in Vietnam stabilize the domestic production cost level, keeping a competitive advantage for the feed industry. livestock in the area.
“The proposed tax reduction almost does not reduce the State budget revenue because it is offset from corporate income tax, personal income, VAT, which may increase when production and output of the food industry. livestock and livestock recovery”, the association assessed.
Survey of Zing, In the past one year, from a peak of more than 65,000 VND/kg in August-September 2022, live pigs are now only 46,000-51,000 VND/kg, depending on the locality. Currently, the price of this item has reached the bottom of the past 12 months.
At a recent meeting with the Dong Nai Livestock Association, Deputy Minister of Agriculture and Rural Development Phung Duc Tien said that the difficulty of the livestock industry is due to many reasons that slow down the consumption market.
“Enterprises and breeders have to go into the circular technology industry such as investing in the breeding stage. Besides, the breeding method must also change, approach new technology, self-contained, automated, and processed. environmental issues… to increase competitiveness both in domestic and export markets,” said Mr. Tien.
In addition, the Deputy Minister said that the livestock industry must also pay attention to investment in preliminary processing, processing and diversification of products associated with the distribution chain to meet market demand well.
